One of the leading West Africa’s cement companies, BUA Cement, has announced plans to establish a three million metric tonnes cement factory and 50 megawatts power plant in Guyuk and Lamurde local government areas of Adamawa State in the North-eastern region of Nigeria.
BUA is Nigeria’s second largest cement producer...
Godwin Obaseki of the Peoples Democratic Party (PDP) has defeated Osagie Ize-Iyamu of the All Progressives Congress (APC) to secure another four-year term as governor of Edo State.
Obaseki was returned elected after scoring highest number of votes in the Saturday poll, said the Returning Officer for Edo State governorship...
The Presidency says it will require additional fresh external loan of $5.513 billion to finance 2020 budget deficit.
In a letter addressed to the House of Representatives to seek approval and read during Thursday's plenary by the Speaker, Rt. Honourable Femi Gbajabiamila, President Muhammadu Buhari appealed that the fresh funds...
The Senate on Monday passed the 2021 Appropriation Bill of N13.5 trillion.
This followed the adoption of the report of Senate Committee on Appropriations at plenary.
The News Agency of Nigeria (NAN), reports that President Muhammadu Buhari had on Oct. 8, presented the 2021 budget of N13.08 trillion to the joint...
Former Minister of Finance, Ngozi Okonjo-Iweala and Nigeria’s nominee for the position of the Director-General of the World Trade Organisation (WTO) is set to emerge winner of the competitive race to the highly coveted head of the international body.
Reuters on Wednesday reported that a key group of WTO ambassadors...
One of Africa’s largest food retailers, Shoprite, has announced plans to exit the Nigerian market after posting continuous losses from its operations in the world's populous Black nation.
Shoprite, in a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, said it was planning to discontinue its...
Idowu Sowunmi
For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers.
Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...
Prices would trend down soon - Buhari appeals for calm
CBN Governor, Emefiele expresses hope, blames fiscal measures
Inflation rate in Nigeria has spiralled up to hit 13.22% as the end of August, a record that broke a 29-month moving average.
The Consumer Price Index (CPI), which measures prices of...
The Federal Government has banned Emirates Airlines from operating flights into Nigeria, in line with its aviation policy of reciprocity over the rejection of Nigerians by some countries due to the novel Coronavirus (COVID-19) regulations and protocols.
This was disclosed by the Minister of Aviation, Hadi Sirika, on his Twitter...
The need to be cybersecurity-conscious to guarantee online safety for Internet users is said to be everyone’s business and not reserved for a group of people,
The Executive Vice Chairman (EVC) and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta made the remark during at an...